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federal revenues should be changed, deficits, public debt and debt held by the public. the presiding officer: without objection, so ordered. mrs. murray: i ask unanimous consent the following members of my budget committee staff be granted full floor access for the duration of the consideration of s. con. res. -- john rider and rick jones. the presiding officer: without objection, so ordered. mrs. murray: finally, mr. president, i ask unanimous consent the period of debate for economic goals and policy under section 305-b of the congressional budget act occur on march 21 at a time to be determined by the two managers. the presiding officer: without objection, so ordered. mrs. murray: thank you, mr. president. we are now on the floor of the senate with the budget. i want to thank my counterpart, mr. sessions, for all his work and his staff's work and my staff's to get us to the point here that we are debating this bill and this amendment. senator sessions has been very gracious in working with us. we have gotten to this. we obviously have differences of opinion, but i want to commend
for two minutes. ms. castor: democrats and republicans agree that deficit reduction is important. in fact, over the past year and a half we have achieved over $2.7 trillion in debt reduction. now the republicans want to take us through a charade with this tea party budget. if enacted, the republican budget would weaken america's recovery. it would undermine what makes america great and what makes america strong. like education, the ability of students to attend college, medical research and inthe noah vation, the about of -- ability of our older neighbors to live their lives in dignity in their retirement years through medicare and long-term care. now we get a lot of advice and economists across the board, in fact, our own congressional budget office, advise that the best and fastest way to reduce the deficit to is to make sure people across america have jobs and are working. it is inexplicable that the republican budget proposes to eliminate jobs in construction, in education, scientific research, and instead heaps the burden on middle class families. experts predict the republican budge
to work, taking a shared responsibility approach to our long-term deficits so we bring them down in a balanced smart way and they rejected the idea that we're going to move the economy forward by giving windfall tax cuts to the very wealthiest in the country and the benefits of that would trickle down and lift everybody up. they rejected that lopsided approach that balance the budgets on the backs of everybody but the folks at the very top. balance the budget on the backs of our kids' education by slashing important investments. in that category of spending we make these important investments for our country and our future, they double the cut from the sequester. so those are our investments in our kids' education. those are our investments in science and research to help power our economy. those are our investments to help modernize our infrastructure. they cut transportation by 15% when we have 15% unemployment in the construction industry. so mr. chairman, the american people rejected the kind of uncompromising lopsided approach that we see once again presented here in the hou
's this job that has seen the deficit come down by a third since he became chancellor. and private sector jobs. he's cutting the country out of a whole we were left in by the party opposite. [cheering and applause] [inaudible] >> the prime minister welcome. the country's first local enterprise fund people who care have raised 400,000 pounds to invest in businesses and encouraging enterprise securing employment and in so many others where they lead the rest of the country -- [inaudible] i'm sure my friend is right about that the leadership of all things. he makes an important point, need to see more small businesses start, more enterprise. we need to see more to keep the private sector going. >> alex cunningham. >> rising unemployment remains an issue in my constituency. based on the reemployment and recession which claims hard working families in the most vulnerable for the obscene tax for millionaires. [cheering and applause] -- looks at the figures today he'll see there are 131,000 more people in work over the last quarter, we have seen 600,000 more people employed compared with a year ago,
level. secondarily, if you say deficit reduction, the partisan are leeched out. we are talking about whether it will work to balance the budget. if along the way 35 million become uninsured, that's sad but we don't talk about it because cbo didn't mention it in the score. that's the great trick of paul ryan to recognize if you only talk about budget deficit, where does your budget put the deficit 20, 30 years from now, the amount of things you sneak in under that cloak that you can never put into the conversation in a serious way in normal times is tremendous. that's the central political innovation of his career. >> the favorite thing in the accounting discussion is compare the government to a family, saying you couldn't -- well, families do run debt, they cannot afford to buy their houses for cash, so they have a thing called a mortgage, which is the national debt of the family in effect. they try to oversimplify everything in this, but is there some break through in this point of republicans saying you know what, the debt isn't such a serious problem? >> there's no break through.
to the conservative rationale for budget can you tell us when conservatives get more honest about the debt and deficit. a conservative columnist says about the new ryan budget, it sacrificed seriousness for seriousness by promising to reach budgetary balance, not over the long term as budgets 1.0 and 2.0 did, but in a ten year window. this is not going to happen, and more importantly there's no reason why it needs to happen. modest deficits are perfectly compatible with fiscal responsibility. talk about singing a new tune. and the conservative think tank, the american enterprise institute asks why does the budget need to balance in ten years? debt reduction doesn't require balance, just that the economy is growing faster than the debt, while the plan does put the debt to gdp ratio on a downward trajectory, it probably doesn't need to be quite as steep. ezra klein, this is a big deal, and you're here on this show to prove it is a big deal. you would never come out this late if this wasn't a huge deal. >> absolutely not. >> this is huge. the debt is the reason we have to do all these terrible things to
's a financial transsanction, the with tax and getting return it helps with the deficit. the second help to buy hasn't been seen before in the country. whep families whoment to mortgage for any home they are buying but cannot begin to afford the deposit. we offer a new mortgage guarantee. helping them to provide more mortgages to people who can't afford a big deposit. the guaranteed mortgages available to homeowners subject to the usual check on responsible lending. using the government balance sheet we will dramatically increase their availability. we have worked with some of the biggest mortgage lenders to get it right. and we're offering guarantees to support 130 billion pounds worth much mortgages. and will be available from the start of 2014 and run for three years and a future government need the -- policy committee if they want to extend it. help tow buy is a dramatic intervention to get the housing market moving for enoughly built housing. government will put up a fifth of the cost. and anyone affording a mortgage but not a big dpe deposit. it will help you buy your own home. in the buc
the deficit by meaning don't raise revenue are not serious about cutting the deficit. >> neil: even though we've raised revenue, bottom line. >> we should be willing to close tax loopholes if we didn't have a deficit, if we didn't have debt. it's the right thing to do. >> neil: we raised taxes. >> i didn't say raise taxes, i said close loopholes. republicans call closing loopholes raising taxes because it's the rich that have unfair practice. >> neil: have you filled out your brackets? yes or no. have you filled out your brackets? >> no, i haven't done that. i'm going to leave that to the president. he may be late on that too. >> neil: i'm sorry. thank you very much. >> thank you, neil. >> neil: do you remember this? an interview i said senator paul and senator cruz were whacko birds. that's inappropriate and i apologize to them for saying that. >> neil: after that, senator cruz accepted that apology. is senator rand paul about to do the same? and as nevada mourns the death of seven marines, did their senator blame the sequester? meet the military commander telling harry to say i'm sorry. [ m
the deficits, although george w. bush never balanced a budget in eight years but of course these were freedom deficits. of a the credit card with no limit presidency of mr. bush, the credit card bill has arrived in your mailbox. it's called austerity. last decade, we had two wars off the books while cutting taxes for the wealthy. there are ways to fix our deficit, but don't hurt the poor and middle class a carbon tax creating capital gains and income. apparently we don't really hate
, it is unexamined on some level. secondarily, if you say deficit reduction, the partisan are leeched out. we are talking about whether it will work to balance the budget. if along the way 35 million become uninsured, that's sad but we don't talk about it because cbo didn't mention it in the score. that's the great trick of paul ryan to recognize if you only talk about budget deficit, where does your budget put the deficit 20, 30 years from now, the amount of things you sneak in under that cloak that you can never put into the conversation in a serious way in normal times is tremendous. that's the central political innovation of his career. >> the favorite thing in the accounting discussion is compare the government to a family, saying you couldn't -- well, families do run debt, they cannot afford to buy their houses for cash, so they have a thing called a mortgage, which is the national debt of the family in effect. they try to oversimplify everything in this, but is there some break through in this point of republicans saying you know what, the debt isn't such a serious problem? >> there's
that are requested we run into a deficit at the 2nd street project. if we work on the other funding sources for masonic, for example, the revenue bonds and cost reduction at a helps us get a little bit more towards the second street project but we also have to address the segment ability and the projects to be able to provide to the man sell project. that's what we are working on now. >> i want to reiterate a promise you made a few months ago that we intend to come to see you to fund all of those projects. the response has been very cooperative. the prop k update will help us a lot and a huge help is the masonic, the shear size of it is so big. the mta is aware of the size of it and hope we can find more funding. i hope we can spread the love around to receive the needed equity. >> great. i will hold you to that >> i did have a question. my understanding is that there is 2 million in transit planning funds that the mtc as granted to our planning department and wondering if we can request handout you the planning department is going to prioritize that? >> sure. the transportation authority i
up by the fed money printing. our deficit is as well as it makings it cheaper for poll tish shuns to borrow. former representative ron paul says why the fed is addicted to the this. you don't want to miss ron paul coming up. lauren: despite the cyprus scare, our next guest says they offer good investments. he will tell you which ones to buy. his answers certainly surprised me. lauren: time for a quick speed read of some of the day's other headlines. five stories, one minute of the first up, general motors recalling 34,000 vehicles to fix transmissions. recall affects 2013 buick lacrosse and cadillac srx crossover models. >>> u.s. crude oil production set to pass imports for the first time in 18 years. the gap between monthly oil production and imports is projected to be nearly two million barrels per day by 2014. >>> neiman marcus settles with the federal trade commission after claiming its products were made with faux fur when they contained real fur. it prohibits the retailer from violating those laws for 20 years. >>> total number of mortgage applications subpoena applied for i
policy center, the ryan budget would have managed to actually add $5.7 trillion to the deficit . a close look at the math makes it clear that the ryan budget can't recoup the revenue lost from its tax cuts without imposing large tax increases on the middle class families. the tax policy center was unwilling to speculate on where the lost revenue would come from. in addition to the economic policy institute estimates that e ryan budget would kill 750,000 jobs this year, two million next year and increased gross domestic product by 1.7 percentage points. the priorities of this budget are all wrong. it kills jobs, stifles growth and adds to the deficit. all while making life harder for seniors, women, children and the most vulnerable in our society. the math of the budget just does not add up. simple arithmetic tells you that the only way to pay for mr. ryan's proposed tax cuts for the fortunate few is to eliminate many of the deductions that middle class families count on to pay for housing and health care and to save for their retirement. the ryan tax plan would further burden those who a
trillion in debt. we have deficits we can't even wrap our arms around, and they want more of your money. if you were a financial advisor that put you $1 million in debt and ripped through your college savings for your children and all of your checking account and said, just give me more money and we'll solve the problem, would you do it? absolutely not. more than jobs, though, we are also working to save medicare and social security, the commitments that we have made to the american people. so let's take a look here at the big picture. here's a budget breakdown of where we are at right now. look, your eyes are glazed over and we start talking about the trillions of dollars that we spend, but let's take a look at what you pay versus what you expect. this big blue part right here? that's on auto pilot. no adults have come to the table to talk about where we are at today and how to actually save your social security and medicare and medicaid in this big blue part. we are doing that today. house republicans in balancing the budget. but this is what you expect from the federal government. yo
. there is disagreement over whether you could continue to run the deficits. so, you know -- i don't want to say there's no disagreement. people do disagree over this, and that's the problem that washington hat right now. everyone says we have to cut, we have to cut. that's the problem with the murray budget. it goes way too far toward the republicans. if unfortunate the sharp debate that schumer is talking about, debate the progressive budget, which actually adds spending and stimulus against the ryan plan. >> we haven't cut spending, have we? seriously. can we at least try that and see whether or not all of this -- but that's not cutting spending. you're still spending the money, judd forestalling where you will make the payment. >> it's still growing. >> spending in this country is still growing. it's a contingent and sane argument to make that we need to address it from that side first. we gave you the $600 billion in new taxes, you want more, you want more spending. >> paul ryan weaves those cuts into his budget. >> so let's do policy and we with squawk. on policy you're going to have to come to
, the average 8.35. that now puts us in a deficit for the calendar year at 6.88. so one of the driest calendar years on record in the bay area. let's get you outside to the live sky network. many of you will get less in san jose, a few raindrops will help the allergies and air quality. foster city, you can see pointed toward the coastline some of those shower cells we tracked offshore. that will eventually move in for you. and in san francisco we've had a little bit of drizzle off and on at the immediate coastline. eventually, yes, we'll get that rainfall here as well. let's get a look at tpattern. this area of low circulation is out in the pacific, associated cold front. the main thing driving all of this moisture right now is this subtropical push of moisture. this would normally produce 1 to 3 inches of rainfall, but it's lacking some of the upper level dynamics we mentioned yesterday so, yes, we're going to have a decent round of some rain, but it's not going to be the strongest storm of 2013. throughout the night, we'll get showers we tracked offshore moving across the bay area. by 11:00
. it never balances. never comes close to balancing. it claims that it reduces the deficit over 10 years by $1.5 trillion. that is not correct. [ male announcer ] in blind taste tests, even ragu users chose prego. prego?! but i've been buying ragu for years. [ thinking ] i wonderhat other questionable choices i've made? [ club scene music ] [ sigh of relief ] [ male announcer ] choose taste. choose prego. bill: there's a top republican senator now demanding answers from the fbi director after not being briefed on their benghazi investigation for the last six months. four americans died in the assault on the u.s. consulate including our ambassador chris stevens. senator susan collins says she wants some simple questions answered. quote, are any of the suspects believed to be responsible for the deaths of these four americans including ambassador stevens in u.s. or libyan custody? how many suspects in the attacks are still at large? a few other questions after that. virginia republican congressman frank wolf has been fighting for answers in benghazi. he is our guest now. sir, good morning,
. it is balanced in terms of making sure we move to responsibly managing our debt and deficit, getting our deficit down to less than 3% of the gdp, as every economist in the bowls simps simpson, all the gang of six have focused us on doing, but also make sure we make that investments to keep our middle class strong. >> the point of our budget is to make sure that we show that we have a ten-year plan, if we can put it into place, we will get our economy moving again, we will begin to manage our debt, and we will quit doing this management by crisis where every time we turn around, the republicans say they'll shut the government down if we don't cut more. we need to have a responsible plan. that is what i'm putting forward. it's what the democrats are supporting today, and i'm very proud of it. i think this shows the american people with can manage our country wisely. >>> before you go to the floor, i wanted to quickly ask about the assault weapon ban. harry reid has decided not to put it in the gun legislation. dianne feinstein is angry, deeply disappointed, still wants a shot at it. what do you th
resources, and almost overnight america's energy resource picture flipped from deficit to surplus. in the past five years we've become stronger as a nation through the developed of these god-given resources. as a result we are more competitive. from low income to the high tax brackets, everyone is benefiting. the future's bright but only if we educate the half truths and begin telling the real story of america's natural gas revolution. the stories about technology, private sector innovation, investment, financial risk, thousands of new jobs, new competition, new growth, a growing and better standard of living for more americans, lower energy costs, new industries, a revitalized energy sector, more jobs, more growth, energy security and optimism. this is the story of america's natural gas revolution. i yield back. the speaker pro tempore: the entleman's time has expired. for what purpose does the gentlelady from illinois seek recognition? >> i ask unanimous consent to address the house for one minute and to revise and extend my remarks. the speaker pro tempore: without objection, t
are than really. >> congressman, turning to another budget balancing deficit reducing measure, we've had lots of talk over the years in the potential grand bargain. we have never seen anything come to fruition. but what i want to know from you is what you would actually want to see in a grand bargain. and if we even need a grand bargain at this point since the peak in 2009, deficit is coming down. there is a new report out from president's council of economic advisors saying if we are able to hold medicare to growth rate over the past five years, it has actually been doing well and would go a long way to closing the budget gap. what are you looking for? do we even need a grand barring on right now? >> can couple of things. number one, i think it would be better if we had a grand bargain but i'm skeptical we would have one. give we give away money, about $1.2 trillion. everyone knows the tax code is a mess. economically inefficient. stacked off in times against the middle class. so if we can clean up the tax code that would be beneficial. second, healthcare issue is a very serious one. me
austerity and budget cutting and debt and deficit and then last weekend speaker boehner admits that we don't have an immediate debt problem. wit well, we're still sort of as a collective body stuck on this idea that, you know, it's all about cuts and how many and how much when the real issue should be jobs. these budgets should be evaluated based on how many people they put to work, how many problems they solve for the american people. five years ago in my district the bridge fell into the mississippi river. our bill would fix the problems like that and make those things a thing of the past and they put a lot of people back to work, too. >> absolutely. mr. o'reilly and other republicans, they're upset because you and your caucus have offered alternatives to paul ryan's massive spending cuts. and as i say, job creation is the first item on the executive summary of your report. the first item under that is infrastructure. now, the american society of civil engineers -- and this is, you know, an engineering organization, not a political one. >> left wing cooks? >> we need $1.6 trillion spendi
the treasury secretary were worried about the long term deficit? does that sound familiar? the fed tightened rates. doing what all the bears say bernanke should do, betting that inflation could rage and rage easily. if the fed stayed even by which is what his critics are saying he should do right now. but when we went down this road in 1937 it sent the economy into an amazing tail spin. causing a recession within a depression. it was an economic calamity that was totally avoidable and the people in power made different, smarter choices. especially the federal reserve. ben bernanke does not want history to repeat itself. he's not going down the path of what the fed did in 1937. he's not stupid. even though that's exactly the path unfortunately that the president and congress are taking. bernanke recognizes that obama and congress have repeated the errors of 1937 down to a tee. he can't let the fed's part in the drama be repeated. otherwise he'd go down as the fed chief that didn't get the economy going and put it back in a recession, a recession in a great depression. only world war ii ended
and yet we're still going to have a trillion dollars budget deficit. spending is the problem. >> the white house says in response, yes, it's true. taxes went up more than $600 billion over ten years at the end of the year but it is also true the white house put $1.5 trillion worth of spending cuts in their budget. the truth is you're both right. i mean, they have offered spending cuts. the taxes did go up. it still hasn't made enough of a dent. you still have to sit down and do something. >> right. i think we're doing our budget this year. actually we're doing it this week here in the house. our budget will balance in ten years. we're going to pass our budget. hopefully the senate will pass their budget. except their budget never comes to balance. the president's budget never comes to balance. you can't continue to spend money as far as the eye can see that you don't have. and that's what they're continuing to propose, along with higher taxes on the american people. >> but the political reality is, no budget deal can probably happen, not one that will seriously address the deficit without
. >> unfortunately not enough to make a huge dent in our deficit but check out what we are seeing it is much needed moisture. the rainfall is widespread but now becoming more scattered in nature. we're still seeing some returns, light showers down to novato, lucas valley, san rafael and other parts of the bay area. san francisco, we are seeing a few showers heading down to south san francisco and bayshore boulevard. mission street, around linda mar boulevard and light returns. east bay, more widespread in the east bay, livermore, 580, san ramon valley, walnut creek, concord we're seeing showers around coweml road. south bay, showers are really starting to let up. spotty returns around sunnyvale and cupertino. i'll be back to let you know how much rain we'll receive and how long you'll need the umbrellas. >> dan: nice to get a little rain. >>> move next to the tragedy in the nevada desert and the death of seven marines when a small mortar they were using exploded. a vigil was held tonight. [ "taps" playing ] >> dan: this took place at utah shorn army depot in nevada. abc news reporter has found out
supervisor wiener, this ordinance was developed with the help of our staff to address a crucial deficit that we have in our procedures right now under chapter 31. chapter 31 of the administrative code governs all of our c-e-q-a review work in san francisco in addition to the c-e-q-a guidelines themselves, of course. our department remains very firm in the belief that the current lack of rules is really to no one's benefit around these appeals of negative declarations and categorical exemptions. we've had procedures codified for several years for environmental impact reports, but nothing codified for these other types of c-e-q-a documents. with the lack of procedures, as supervisor wiener mentioned, a city attorney opinion is needed to determine the timeliness of each and every appeal. no one, not the planner, not the clerk of the board, not the public, not the project sponsor can answer confidently when an appeal of the environmental document is or is not timely or allowed. since 2010, approximately a quarter of attempted exemption appeals were found to be inappropriately filed. that is
they trust on spending issues. when asked how our budget deficit should be reduced, a large majority, 65% of people said by cutting spending. when asked to choose between the budgets proposed by each party, most people pick the one more in line with the republican proposal. cutting spending and not raising taxes. but when asked when each party was trusted more, people say that they trust the democrats more. go figure. let's get an amp explanation from charlie hearst, economists at the washington times. so you have this. people seem to like the republican approach. they just don't like the republican label with it. why is that? >> i think a large degree, republicans have been snakepit. largely because of what we have seen over the last couple of years. republicans talking to the media, which is something the democrats have focused on more than anything else. including the ideas that republicans have gone four. voters are far more in line with those ideas. but i would actually argue that republicans least realize that there is a problem here and there is a real disconnect between washingto
'll be a while, in other words. dagen: it will be a while, but the good news is the budget deficit is actually declining. suggesting a decline for the next three years, so there's a little bit of time in washington to get it right. it is not as imminent, you have not done sequestration, but it is still the fed, all about the fed. what the market will be focused on is not so much when they will raise rates because that is forever into the future, but will they be skimming back the 85 billion in purchases? i don't think there will be any sign that will happen. i think it is helping the economy. connell: you agree with the policy? >> i agree with the policy, but what is propping up the stock market is the better economy. and i cannot attribute that alter the fed. a lot of people don't think the fed is doing very effective, think it works a little, but housing is coming back certain the fed is helping that, jobs, business investment more than just the fed, that is a general improvement in the overall economy, there's no question the fed kept at it. but there is more to it than just the fed. connel
and iraq were fought as quote emergencies, which means they weren't included in the annual deficits. so, now, when they're talking about a budget that cuts student loan programs for gi members, people coming back from iraq and afghanistan now they're not getting their student loans. because this was all fought off budget. i think that's political malpractice on the part of the republican party. they should have budgeted for this. >> well, from a congressional physician of the soul like diana degette, thank you so much. now to dr. james peterson, msnbc analyst and director of africana st studies. professor, millions oppose the war, but as you know, and i'm sure you remember, their voices were significantly marginalized. give us a sense of how that happened. >> there's a lot of context here. we have to start with the fact that the sort of american ethos in response to 9/11 was a sort of patriotism, people not in line with the government and a very war hawkish administration seemed to be anti-american. so in that environment, the voices that were speaking out against this war, but in that
, the beginning of it to date is 8.35. nearly a 7 inch deficit in san jose. that is why we think we can have drought conditions developing as we head to may and june. the camera lens has been wet. it is slick on the peninsula on 101 and 280. you can see the rain drops creating a beautiful shot tonight. drivers are slowing down quite a bit and visibility being reduced with moderate rain. we have this area of low pressure, a cold front and then a huge stream of subtropical moisture moving in. you may have noticed it felt a little humid out here. we actually squeezed out a lot more rainfall if we had a few more dynamics happening for us with this storm. we are getting more of a moderate to weak system for us as we continue throughout the night and tomorrow. we have the rainfall lingering through 9:00 p.m. and then a small break by 11:00 p.m. tonight. may have lingering showers near san francisco. and then we will start to get in on the second reinforcing round of rainfall through wednesday morning. and then it will push down throughout the afternoon hours on wednesday. do expect periods of wet
we go deficit reduction. you saw minutes 6-3. there was expectation we had noises out from tucker that perhaps there might have been a bigger number voting for qe. what we will look at today is to see what osbourne does with the bank of england and there's a bunch of things he might do from amending the target, inflation target to changing the bank of england act saying we'll put in a jewel mandate. that may be more of a focus than anything he says about borrowing figures and growth numbers. >> absolutely. you can look at the sterling reaction here, ross. we're spiking above 151 now on the back of those minutes. melanie, over to you. i guess investors would have liked to see hints of a more accommodative bank of england here during the last meeting. might there not be more of a policy shift under way perhaps as ross said related to even changing the mandate? >> in terms of what we're expecting today, we do think that it might be the more interesting of the budget to watch. i wouldn't expect any big changes today. i think what he may do is announce a review of the policy fra framew
deficit and goes before a judge tomorrow. it is stupid moves like this that are keeping cities and agencies like the post office drowning in debt. there is more people involved and not a fix the problem. we just need to get the monitor. that's my "2 cents more," and that's it for tonight on "the willis report." thank you for joining us. don't forget said records show. i'll see you next week. ♪ ♪ lou: good evening, everybody. president obama today reacting to reported, but unsubstantiated claims of the use of chemical weapons threatening the syrian regime led by a dictator. president obama made his declaration during a joint news conference with israel's prime minister. the first day of his first trip to israel as presidents. >> i had made clear at the use of chemical weapons is a game changer. any more horrific gains. i believe that if the regime has lost all credibility and legitimacy. lou: making an effort to assure the israeli people that america has throwback in regards to ending the iranian pursuit of nuclear weapons and that any decision by netanyahu to protect the na
struggling? economists point to concern about the debt and deficit. uncertain effects of the obamacare. especially the weight of tax increases. >> it's negative for economic growth overtime. global economy, we compete, with many other nations. part of the competition is taxes. >> conservative critics argue big government fools itself to thinking taxing and spend willing make the economy grow. >> it assumes you take money from the economy right pocket and put in the left pocket and manualicly you more money. >> administration defenders, though, look at it differently. >> under normal circumstances, you don't want the government intervening. in the circumstances where we have the weak demand this is a good time for the government to step in. >> even though who want to spend less would increase spending at lower rate. >> bret: house lawmakers vote down budget proposals as an alternative to g.o.p. plan put forward by paul ryan. senators approved a stop gap spending plan. continuing resolution to keep the government funded after the end of the month. senate has, now it heads to the house. a
in that report because they really don't have an answer. they want to cut taxes and cut the deficit at the same time. those are their two agenda items. you can't do both. they are just trying to ignore it and hope it goes away. >> now, when you look at the reaction, patricia, there's no wonder they are being defeated at the polls and poll after poll shows that americans are not going their way but i think this only further drives the wedge between the american voters because people are offended when it is clear you are not even being honest with them. >> well, yeah. and i think what americans are really want is just an honest discussion of the issues and if people come at an issue and have an honest disagreement and use facts that are accurate, you can have that discussion and debate. but when you come out of a discussion with facts that are not true that "the washington post" says are four pin knock key ohios, you can't even start to talk about things in an honest way and that's why michele bachmann has gotten into so much trouble. she won her last wasn't by a point. she's a huge target for de
for the time. but i'm not seeing anything taming the grove of spending in the interim. so, deficits get worse, debt gets bigger problems get more inser mount able to me. >> right. soon we'll all look at detroit or greece or cyprus or mexico city. >> do you think that is where we are headed? >> pretty much, it happened during the great depression, it of created not by our economy but the government, we have the great recession right now, if we don't get out of the great recession it is a great depression. neil: all right on that happy note. how it was like, outside of that mrs. lincoln, how of the show. do you think that union unions are down and out? get ready, they are fighting back, and they have a lot of cash, wait until you hear where they are getting it. and wait until you find out what they have named in their corner. >> clash of the corporate tita titans. aig ceo robert whether he will lawyer up against the very folks to bailed his company out. [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from nation
the country continue to struggle with failing students facing record deficits. new jersey governor chris christie called school supers arrogant and greedy, but when new jersey tried to cap super pay, the school school superintendents sided the cap by double dipping, retiring early to pocket the pensions, and then they got rehired elsewhere as school administrators or consultants. in new jersey, one retired 18 years ago, but got rehired 23 times since as a school administrator elsewhere pocketing $1.2 million, and double dips is rampant in ohio too. back to you. gerri: great story. thanks, liz. on to farmers. they are getting paydays for the land. it's part of what some call another golden age for farming. with more on this, host of u.s. farm report. john, thanks for being with us. great to have you on the show, now, this story surprised me because i thought the drought killed you all, and hear that farmland is on fire, and, in fact, some investment banks out there try to snap up as african as they can, i was surprised by that. what's going on? >> well, it's not quite as drastic as it app
choose. keep the current cuts in place, or get the same amount of deficit reduction by eliminating or reducing provisions in the tax code that benefits specific corporations or wealth year taxpayers. you choose. >> bill: we will give you more choices to make when we come back here with congresswoman jan schakowsky. you choose. >> this is "the bill press show." [ music ] guys that do reverse mortgage commercials? those types are now. (vo) she gets the comedians laughing and the thinkers thinking. >>ok, so there's wiggle room in the ten commandments, that's what you're saying. you would rather deal with ahmadinejad than me. >>absolutely. >> and so would mitt romney. (vo) she's joy behar. >>and the best part is that current will let me say anything. what the hell were they thinking? >> chatting with you life on current.com/billpress. this is "the bill press show" live on your radio and current tv. >> >> bill: how about it 43 minutes after the hour? we are coming to you live from our nation's capitol, brought to you today by the national education associatio
out of our deficits, we could save social security, medicare and have an economic growth boom that we haven't seen in a long time. >> california alone in one shale oil field has 100 billion barrels of oil. that is california. >> sean: how stupid, we are a stupid country. we're stupid because we allow the government-- why are you looking at me. >> i'm agreeing with you. >> sean: we're a stupid country. >> we need to get out of our own way, but this is a little bit after small detail, but a very important one for business and for america to understand. last week, one of the rules of the obama administration put out was to say that if you're going forward with any sort of project you're going to have to tell us how much carbon that will put out into the-- so it's called the nipa analysis and that's like putting a ten pound weight on everybody's ankle. >> sean: that's a hundred pound weight. >> it sounds like a minor bureaucratic detail, but it will strangle-- >> you guys will weigh in and i hope you'll pick a fight with you here. i've got to tell you, dana, they're not doing this, not ta
step in the right direction. according to the weekly standard after running deficits 350,000 a year for years. the senate hair care center is and according to the sergeant at arms who is responsible for trying out the new model, government subsidized haircuts shaves and shine will be a thing of the past and you the taxpayer will no longer foot the bill for the grooming of your senators. the american taxpayers have forked over 5.25 million dollars for, yes, senate hair care. pretty unbelievable, or maybe not. because we do know how important the perfect haircut is well, to certain senators. remember john edwards? remember this? ♪ i feel pretty, oh so pretty ♪ ♪ i feel pretty and witty and bright ♪ ♪ >> oh, what a classic. that's all the time we have left this evening. as always, thank you for being with us. let not your heart be troubled, the news continues. greta is next and see you back here tomorrow night. greta, take it away. >> greta: this is a fox news alert. an 8th marine has died after a mortar shell explosion during a training accident in nevada. several marines w
lack of frugality and washington's inability to do anything intelligent with our budget deficit. so the logical default currency is gold. we had a lull in european problems, but thanks to a lack of regulation -- how else did cyprus get so out of hand, especially if the same thing happened in iceland, the lull is over. i think this is one more reminder that rich europeans will switch from keeping euros in banks to keeping gold in deposit boxes. if you have no exposure to gold, buy some now. sure, most europeans may keep their money in the bank. they live there, that's their life. but the wealthy are looking to pull out money over time and the big beneficiary will be gold. amazingly, the european regulators can't help themselves. their incredible incompetence makes buying gold the easiest decision in the world. these idiots are the gift that clinches the gold buy every time they take action and this latest action may be the best when it comes to pushing gold higher than maybe since the reign of the former european central banker chief jean, "the fraud" trichet. stick with cramer.
unemployed, 42 out of 50 states are facing a budget deficit. and to be honest there is very little leadership coming out of washington. so i think what i tried to do is raise these issues with civility, whether you're republican or democrat, we're all americans. and i think we deserve more. we deserve better. and washington really needs to help us create the kind of leadership and decision making by putting their feet in the shoes of every day americans. that's not what's going on. >> you recently were speaking at the national retail federation and you said that the lack of leadership in washington, i just want to quote you, because i thought it was beautifully said, is sapping the life blood, the soul and the confidence of our country as the world witnessed a lack of leadership in the united states. is that message ever going to get through? a are we reaching a point where you say i grew up poor, i became wealthy, i was able to start a company and it's not going to be able to happen to people in the next generation? >> i think you're bringing up very important question that, you know, let's
deficits and debt. how can you not worry about that. they do seem integrally involved in phobia, a lot of we don't want anybody else coming to this country. >> yeah, yeah, that's -- that's true, chris. it's this idea that they're losing their country. they fear change. they fear -- they're anxious about the change that we see. we see the browning of america. we see, you know, the gay rights movement is preceding at pace. you know, we saw the first female speaker of the house not too long ago. so it's this change that they have a problem dealing with, chris. and let me get to the point about -- >> why would somebody care -- i always wondered about this. why would somebody who is white care about whether the country is white 100 years from now? they're not going to be here. and the people here would be comfortable with it. your nature will change with the country's nature. it does sound like pure racism. if you want the country to be tribally white 100 years from now. i don't know why a black person would care either. why do people speculate the way they think what the country will be li
the deficit, creates jobs, ensures global peace and security. t fights a good fight often without a lot of recognition but just doing a good job. not speaking today on behalf congressional black caucus. we have to hold any president ccountable in terms of checks and balances. that is part of the three ranches of government, udiciary, executive and legislati legislative. we have a duty and ensure that y to people have a voice in their guest: let government. what the house of representatives is about. written to president obama and respectfully have sked him to really justify and give us the information about the asis upon which -- legal basis -- the use of drones is engaged in as a result of efforts. we are waiting for the response from them on that. think it is important we ask any president questions as members of congress, it is our responsibility to do that and to personally continue to do that. i think that it president has image changed america's and role in the world and is phenomenal job. but that doesn't mean i won't exercise my duties and rights as ask the of congress to hard q
federal deficits in five years makes it imprudent to jump in with both feet. consider on tuesday paul endorsed a version of immigration reform that would allow the 11 million or so undocumented immigrants in this country to become legal. the week before he defied the hawks in his party to lead a 13-hour filibuster in protest of the obama admission's secretory over its drone war fare program. >> dan senor, you've been involved in republican presidential primaries lately. sorry about that. how would those issues stack up in new hampshire and iowa and south carolina and florida? >> i think the politics, his politics on pure fiscal issues will have tremendous resonance as his father experienced in some primary states and caucus states. i think what is untested is -- from a -- from a political standpoint is his position on foreign policy. his father never really broke through on the neoisolationist politics at the grassroots level beyond a narrow segment of the electorate. rand who i've spent time talking about these issues is much salvier than his father. >> his father blamed in effect u.
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